A Little Goes a Long Way – IOCC in Bosnia and Herzegovina

IOCC – 19/3/19

Before the breakup of Yugoslavia, Dragan (50) managed a hotel in Derventa, Bosnia and Herzegovina—a natural fit for his training in catering. But conflict changed everything, and it turned his family’s life upside-down.

Unemployment was Dragan’s biggest challenge once the conflict ended, and for years he worked short-term jobs while also farming to feed his family.

“With the help of IOCC’s loan, I was able to start a business, renovate the building, and buy a vehicle for deliveries,” Dragan said.

The small loan combined with a small amount of money Dragan had been able to save gave him the chance he’d been looking for and in 2014, he leased a café.

Dragan now has a booming business of his own, three employees, and big plans for the future. Now he aims to hire two more workers and add house-made pizza to the menu—expanding his business into a café-pizzeria.

IOCC’s microcredit program in Bosnia and Herzegovina has been running since 2002, giving over 11,000 families a chance to make their entrepreneurial goals reality, step by step.

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